REGISTERED NUMBER: 05737235

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Richard Godsell (Southbourne) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A F McCall

S Mason

SECRETARY:

REGISTERED OFFICE:

3 Southbourne Grove

Southbourne

Bournemouth

Dorset

BH6 3RE

REGISTERED NUMBER:

05737235

ACCOUNTANTS:

Gervis

6 Wick Lane

Christchurch

Dorset

BH23 1HX

FIXED ASSETS

Intangible assets

4

5,250

10,500

Tangible assets

5

13,386

16,733

18,636

27,233

CURRENT ASSETS

Debtors

6

20,796

16,461

Cash at bank and in hand

205,377

173,803

226,173

190,264

CREDITORS

Amounts falling due within one year

7

48,301

20,116

NET CURRENT ASSETS

177,872

170,148

TOTAL ASSETS LESS CURRENT LIABILITIES

196,508

197,381

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

196,408

197,281

SHAREHOLDERS' FUNDS

196,508

197,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2025 and were signed on its behalf by:

A F McCall - Director

S Mason - Director

1.	STATUTORY INFORMATION

Richard Godsell (Southbourne) Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

110,687

AMORTISATION

At 1 April 2024

100,187

Charge for year

5,250

At 31 March 2025

105,437

NET BOOK VALUE

At 31 March 2025

5,250

At 31 March 2024

10,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

52,425

DEPRECIATION

At 1 April 2024

35,692

Charge for year

3,347

At 31 March 2025

39,039

NET BOOK VALUE

At 31 March 2025

13,386

At 31 March 2024

16,733

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

16,101

4,000

Other debtors

2,712

10,499

Deferred tax asset

251

230

Prepayments

1,732

1,732

20,796

16,461

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

2,041

411

Trade creditors

6,283

7,444

Tax

18,071

(1,169

)

VAT

18,916

10,585

Accountancy

2,990

2,845

48,301

20,116

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 April 2024

197,281

Profit for the year

59,127

Dividends

(60,000

)

At 31 March 2025

196,408

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A F McCall.

The ultimate controlling party is A F McCall by virtue of his 55% ownership of the company's issued share capital.